Question: A supply chain manager has used a forecasting method with 2 different a value. How much is the MAD value for each a? Year Demand

A supply chain manager has used a forecasting method with 2 different "a" value. How much is the MAD value for each "a"?

Year Demand Forecast (a=0.3) Forecast (a=0.7)
1 10 7 10
2 20 15 14
3 20 16 17

Select one:

a. MAD(a=0.3)= 4, MAD(a=0.7)=5

b. MAD(a=0.3)=4, MAD(a=0.7)=3

c. MAD(a=0.3)= 6, MAD(a=0.7)=3

d. MAD(a=0.3)= 5, MAD(a=0.7)=5

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